Vodafone Idea Mulls Borrowing to Pay For Network Growth, Bloomberg Says, Citing Sources

--India's Vodafone Idea is considering accessing debt capital to boost growth, Bloomberg reports, citing unnamed sources.

--The company might seek financing from local and global lenders to improve its network and compete against larger rivals in the market, according to Bloomberg.

--The move follows the Indian government's decision to cap annual payouts for past spectrum fees until 2035 in order to stop the country's telecom sector from becoming a duopoly, Bloomberg says.

Full story: https://shorturl.at/Bo21b

Write to Anthony O. Goriainoff at [e-mail]

(END) Dow Jones Newswires

01-09-26 0428ET